The Weekly Notable Startup Funding Report takes on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup fundings for the week ending 7/10/20 featuring funding details for Perfect Day, Taulia, Truepill, and much much more.
Athlane — $3.3M – Seed
San Francisco-based Athlane facilitates sponsorship and endorsement deals between streamers and brands. Founded by Faisal Younus and Michael Ivkov in 2019, Athlane has now raised a total of $3.5M in total equity funding and is backed by investors that include Global Founders Capital, Jonathan Kraft, Michael Gordon, Romulus Capital, Seabed VC, and Y Combinator.
Chainalysis — $13.0M – Series B
New York-based Chainalysis is a blockchain analysis company providing data and analysis to government agencies, exchanges, and financial institutions. Founded by Jan Moller, Jonathan Levin, and Michael Gronager in 2014, Chainalysis has now raised a total of $66.6M in total equity funding and is backed by investors that include Ribbit Capital and Sound Ventures.
Doctor On Demand — $75.0M – Series D
San Francisco-based Doctor On Demand is a mobile app that provides on-demand and scheduled visits with U.S.-licensed health care providers. Founded by Adam Jackson, Jay McGraw, and Phil McGraw in 2012, Doctor On Demand has now raised a total of $235.7M in total equity funding and is backed by investors that include General Atlantic.
Kernel — $53.0M – Series C
Los Angeles-based Kernel is a neuroscience company that specializes in developing brain-recording technologies. Founded by Bryan Johnson in 2016, Kernel has now raised a total of $153.0M in total equity funding and is backed by investors that include Bryan Johnson, Eldridge, General Catalyst, Khosla Ventures, Manta Ray Ventures, and Tiny Blue Dot.
LogDNA — $25.0M – Series C
Mountain View-based LogDNA offers a log management solution that provides DevOps teams an aggregation of all their system and application logs on one platform. Founded by Chris Nguyen and Lee Liu in 2015, LogDNA has now raised a total of $58.4M in total equity funding and is backed by investors that include Emergence, Initialized Capital, Providence Equity Partners, Radianx Capital, Top Tier Capital Partners, Trend Forward Capital, and Trusted Insight.
OwnBackup — $50.0M – Series D
Englewood Cliffs-based OwnBackup provides backup and recovery solutions for companies that use Salesforce. Founded by Ariel Berkman, Daniel Gershuni, Eran Cohen, Ori Yankelev, and Sam Gutmann in 2015, OwnBackup has now raised a total of $99.8M in total equity funding and is backed by investors that include Innovation Endeavors, Insight Partners, Salesforce Ventures, and Vertex Ventures.
Perfect Day — $160.0M – Series C
Emeryville-based Perfect Day produces animal-free dairy proteins that are nutritionally identical to proteins from cowâs milk. Founded by Perumal Gandhi and Ryan Pandya in 2014, Perfect Day has now raised a total of $361.5M in total equity funding and is backed by investors that include Canada Pension Plan Investment Board, Horizons Ventures, and Temasek Holdings.
SetSail — $7.0M – Series A
San Mateo-based SetSail is an AI-powered sales insights and incentives platform that supercharges sales performance by rewarding what matters. Founded by Bert Lui, Haggai Levi, and Majed Itani in 2018, SetSail has now raised a total of $11.0M in total equity funding and is backed by investors that include Operator Collective, Team8, and Wing Venture Capital.
Taulia — $60.0M – Venture
San Francisco-based Taulia delivers working capital solutions that make it easy for businesses to free up cash, accelerate payments, and improve supply chains. Founded by Bertram Meyer, Markus Ament, Martin Quensel, and Philip Stehlik in 2009, Taulia has now raised a total of $236.7M in total equity funding and is backed by investors that include JP Morgan, Ping An Global Voyager Fund, Prosperity7 Ventures, and Zouk Capital.
CALA — $3.0M – Seed
New York-based CALA is a marketplace that provides retail infrastructure for influencers and fashion brands to design and launch their own fashion brands. Founded by Andrew Wyatt and Dylan Pyle in 2016, CALA has now raised a total of $3.0M in total equity funding and is backed by investors that include Maersk Growth and Real Ventures.
Truepill — $25.0M – Series B
San Mateo-based Truepill is a B2B pharmacy fulfillment service that provides a pharmacy API and fulfillment of medications. Founded by Sid Viswanathan and Umar Afridi in 2016, Truepill has now raised a total of $38.4M in total equity funding and is backed by investors that include Initialized Capital, Optum Ventures, Sound Ventures, and Trusted Insight.
